MokN Raises $15 Million To Become A Leader In Active Identity Recovery In Europe And The United States

This funding round will enable MokN to take a major step forward in its development: building the first multi-product platform dedicated to active protection against identity theft, strengthening its growth in France and the United States, and beginning its expansion into the United Kingdom by opening new offices there.

With over 1 million users protected across large corporations and mid-size companies, including Fortune Global 500 companies, MokN aims to establish itself as the leader in a new cybersecurity category Active Identity Recovery in Europe and the United States.

“Phish-back”: A disruptive innovation to trap attackers

In Europe phishing remains the primary means of intrusion, accounting for approximately 60% of reported cases, according to ENISA’s Threat Landscape 2025. Against this backdrop, MokN developed a unique “phish-back” solution designed to outsmart attackers and recover compromised credentials before they are used or exposed on the dark web.

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The company’s first product, Baits, works by deploying ultra-realistic decoy access points (such as VPN or webmail portals) that faithfully replicate the company’s environment. When an attacker attempts to log in, they unwittingly hand over the stolen credentials, allowing security teams to proactively neutralize the threat.

“The rapid adoption by major companies and the results achieved with our first solution have confirmed one thing: this approach must go further. Today, we are laying the groundwork for Active Identity Recovery by extending proactive recovery to all forms of identity, with the ambition of making it a new global standard for identity protection,” emphasizes Gautier Bugeon, CEO and co-founder of MokN.

Next step: Building the first multi-product platform dedicated to identity theft protection

With this new round of funding, MokN will be able to significantly increase its R&D investments to build a comprehensive platform specializing in identity theft protection. The goal is clear: to continue disrupting the market with innovations that are unmatched anywhere in the world.

By the end of the year, the company will launch several new products: customer accounts (B2B2C) as well as stolen cookies and sessions. These intrusion vectors represent a rapidly growing type of attack that is still largely unaddressed by existing solutions.

Ultimately, MokN aims to position itself as a pioneer in a new category known as “Active Identity Recovery” a proactive approach to recovering compromised identities, breaking away from traditional passive methods such as dark web monitoring.

“We invested in MokN because of Gautier’s founder-market fit as a former SOC manager and our deep conviction in the team’s ability to address a critical gap in the cybersecurity market " said Luna Schmid, Partner at GV. "With their initial product, Baits, they’ve developed a sophisticated wedge that turns the tide on attackers by leveraging high-fidelity decoys to trigger immediate, automated recovery workflows. We believe their approach is a game changer for enterprises looking to neutralize credential theft before it can escalate."

“We backed MokN because they are addressing a fundamental blind spot in identity security. Most solutions only react once credentials are misused, whereas MokN operates before exploitation, recovering identities that would otherwise remain invisible. What has impressed us is not just the technical insight, but the speed at which Gautier and the team have translated that into real enterprise adoption and expansion. We believe MokN is building a new control layer in cybersecurity, and this round positions them to establish that category globally, starting with the US and the UK”, added Akshat Goenka, Partner at Moonfire.

By the end of 2027: Establish a strong international presence

In addition to launching its multi-product platform, MokN will implement an aggressive strategy to accelerate its global expansion. With the support of its leadership teams based in Paris and New York, the company will strengthen its presence in Europe and across the Atlantic. For now, the priority is on business development across the United States and opening new markets, starting with the United Kingdom with the opening of new offices.

To achieve its goals, MokN plans to establish local teams in each country. By the end of 2027, the startup aims to recruit 30 new employees, particularly to strengthen the Sales & Marketing, Engineering and Customer Success departments.

About MokN

Launched in 2024, MokN is a cybersecurity company specializing in protection against credential theft. The company’s novel “phish-back” technology traps attackers to recover stolen credentials before they can be used. MokN works with dozens of enterprises to give them a head start against cybercriminals and fill the gap left by traditional approaches. With its innovative approach, MokN provides a direct solution to the problem of credential theft, which has long gone unaddressed. In May 2026, MokN announced a $15 million Series A round led by GV (Google Ventures), with participation from DataDog and MokN’s long-standing European investors Moonfire (UK) and OVNI Capital (FR) as well as angels. Thanks to this strategic funding, the company aims to become the leader in active identity recovery in Europe and the United States.